Bay County, Panama City, FL 32401

Property Overview: 3 Bed / 2 Bath (per tax records) Livable sqft: 1,096 sqft (per tax records) Lot Size: 9,234 sqft (per tax records) Asking Price: $150,000 EMD: $7,000 ARV: $250,000+ COE: 12/01/2026 Property Highlights: Built in 1993 - stucco/frame construction with an attached 1-car garage Metal roof (2018) and HVAC (2018) - the big-ticket items are already done! Only needs an interior remodel - no major structural or systems work Large 9,235 sqft lot with a long driveway Will be delivered VACANT at closing Minutes to Historic St. Andrews, Downtown Panama City, and Panama City Beach Strong area demand driven by the multi-billion-dollar rebuild of Tyndall Air Force Base Great rental backup plan - 3/2 homes rent quickly in Panama City Repairs Needed: Interior paint New flooring Kitchen and bathroom updates General cleanup and landscaping Estimated Repair Costs: $40,000 - $50,000 ARV - $250,000+ 1309 CALHOUN AVE - sold for 280K - on 05/2026 (smaller) 1106 ARTHUR AVE - sold for 265K - on 05/2026 1403 ARTHUR AVE - sold for 258.5K - on 10/2026 Call [representative] to schedule an appointment! [contact details hidden] DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract has been signed with the Seller giving us exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action. Buyers to do their own independent due diligence. Properties are sold AS-IS with NO INSPECTION PERIOD. Buyer is to pay all closing costs. Price based on a cash or hard money offer and is net to seller. All offers on properties require a Min $5,000 non-refundable earnest deposit. We do not make any guarantees concerning property conditions, values, characteristics, or financial benefits.